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John Liu

Occupy Wall Street

23

Knives Out: Politicians Blast Bloomberg’s Zuccotti Eviction; Occupy Enters New Phase

In the aftermath of Mayor Bloomberg’s clearing of Zuccotti Park last week, as helmeted police were still pushing stragglers up Broadway and the first morning commuters appeared, a protester named Jake shouted a warning at the cadre of cops shoving protesters away from their erstwhile home.

“There were people smoking crack, people with puppies begging for money, we looked like shit,” Jake yelled to the police. “Now what do we look like? Peaceful protesters getting our asses kicked. This is the best thing that could have happened. There are thousands of people watching us.” Read More

opinion

Why is Liu Stalling?

City comptroller John Liu, whose campaign finances are under federal investigation, apparently doesn’t quite get it. He admits that recent revelations about dubious record-keeping and shady fund-raising practices, along with the federal indictment of one of his fund-raisers, are “quite embarrassing.” No kidding. But investigators aren’t looking to embarrass the comptroller. They’re trying to enforce laws that Mr. Liu’s campaign may have skirted or violated. That should be more than merely “embarrassing.” Read More

opinion

Liu, With No Choice, Makes a Good One

City Comptroller John Liu really had no choice. Faced with serious questions about his campaign fund-raising, Mr. Liu backtracked from his position that an inquiry could be handled in-house. Instead, under mounting public criticism, Mr. Liu asked former State Attorney General Robert Abrams to conduct an independent audit of his campaign’s books.

Good move. And good choice. Mr. Abrams, who served as A.G. from 1979 to 1993, has an impeccable reputation and would seem to have no ax to grind.

What remains uncertain, however, is whether Mr. Abrams will have the resources—in terms of a budget and personnel—to conduct a thorough investigation of Mr. Liu’s tangled campaign finances. Read More

opinion

Liu’s Dubious Donors

City Comptroller John Liu— the man who oversees the city’s financial ledger—says that revelations about phantom donors, bundled contributions and other irregularities in his fund-raising practices do not require the services of an outside auditor. Would he say that same about, say, the Metropolitan Transportation Authority, one of Mr. Liu’s favorite targets? Hardly. So why Read More

Opening Shot

Boehner and Obama.

As the Debt Ceiling Rises, the Dow Drops

It would almost seem that the stars had finally aligned. After weeks of stalled talks and contentious meetings between House Republicans and Democrats that escalated into a public spat between Speaker John Boehner and President Obama, a bill finally made it through the House and into the Senate, where it was speedily approved Tuesday morning Read More

Editorial

Mr. Liu’s Math Needs Work

According to City Comptroller John Liu, all those warnings you’ve been hearing about the escalating costs of public employee pensions and health benefits are wrong. Mr. Liu recently put out a report that argues that the cost of pensions and benefits actually will go down beginning in 2016. Did we mention that Mr. Liu is Read More

The Budget

New York’s New Governor Leaves Bloomberg Begging

At the Somos el Futuro legislative conference in Albany this weekend, State Comptroller Thomas DiNapoli could be seen hugging Senator Charles Schumer-not because he was feeling particularly affectionate, but because Assemblyman Felix Ortiz, chairman of the conference, which gathers top Democratic officials to discuss issues of concern to Hispanic New Yorkers, had urged attendees to Read More

Editorial

Letting the Public Peek at Pensions: Props to You, Liu!

Transparency in government is a good thing, so we welcome City Comptroller John Liu's plan to allow unprecedented public access to the city's vast $113 billion pension system. Fund managers may not be so thrilled about this sort of transparency, but they'll have to get used to it as part of the price of doing Read More